46.14. The Minister may, in accordance with the Act respecting the Ministère des Relations internationales (chapter M-25.1.1) or the Act respecting the Ministère du Conseil exécutif (chapter M-30), enter into an agreement with a government other than that of Québec, with a department of such a government, with an international organization or with an agency of such a government or organization for the harmonization and integration of cap-and-trade systems. Such an agreement may provide for
(1) the reciprocal recognition of the emission allowances granted under the different cap-and-trade systems and how they correspond to each other;
(2) the consolidation of registers; and
(3) the mutual recognition of decisions made by the competent authorities regarding the suspension, withdrawal or cancellation of emission allowances.
The Government may, by regulation, take the necessary measures to give effect to an agreement entered into under this section.